周一消息公布后， 
$Trump Media & Technology (DJT.US)$ In partnership with Crypto.com, launch ETF and related products through the Truth.Fi brand, investing in digital Assets and "USA Manufacturing" themed securities, with plans for a Global launch later this year.
Trump's media company is delving into the fields of Cryptos and ETF.
On Monday, media reports indicated that Trump's media, which operates the social media platform 'Truth Social', announced a partnership with the Cryptos trading platform Crypto.com to launch ETFs and related products under its Truth.Fi brand.
After the news was announced on Monday, $Trump Media & Technology (DJT.US)$ Pre-market soared over 10%. However, it is noteworthy that the company's stock price has halved, falling over 50% in the past 12 months.
These ETFs will invest in digital Assets and securities themed around 'Made in the USA', with plans to launch them globally later this year. Crypto.com will provide backend technology, custody services, and Cryptos such as Bitcoin and Cronos for these ETFs.
In January of this year, Trump media launched its financial services and CNI Xiangmi Lake Fintech Index brand Truth.Fi during a period of booming growth in the Cryptos market. Previously, its Board of Directors had approved an investment of up to $0.25 billion through Charles Schwab, aimed at diversifying its Cash / Money Market reserves. The company's Cash / Money Market reserves exceeded $0.7 billion at the end of the last fiscal year. Trump media plans to allocate these funds across various investment options, including ETFs, independently managed Accounts, and Cryptos.
It is noteworthy that in February of this year, Trump media stated that it had applied for trademarks for six investment products that will track Bitcoin as well as the performance of the USA manufacturing and NENGYUANHANGYE sectors. These trademarks include Truth.Fi Bitcoin Plus ETF, Truth.Fi Made in America ETF, and Truth.Fi U.S. Energy Independence ETF.
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Editor/rice
Today, after hitting the high near 24,000 in the early session and entering bearish positions, the index fell sharply by nearly over 600 points, immediately recouping yesterday's losses significantly.
Moreover, today it broke the new high again, reaching a maximum of 24,076, but by the end of the market, it fell back by about 70 points, producing a bearish candle. The current trend has not yet been broken, but from the previous low until now, it has risen close to 6,000 points. It is believed that those with positions can continue to hold until there is a clear trend reversal for profit-taking. Those without positions can wait for a pullback to get in. Actually, it is hoped for a quick pullback, as it allows for entry and also provides a healthy breath.
Currently, the outlook remains the same as before. It is believed that even if there is a pullback, it shouldn't be too deep. However, if Futures fail to stabilize and close below 22,350, there may still be room for decline. The chance of Futures falling below 21,400 in the short term should be low, so it is considered that if a significant pullback occurs, it presents a good opportunity to incrementally go long. Recently, there has been a consistent approach to not hold positions overnight, only focusing on immediate trades, as there is no high chasing and no casual short selling.
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